Longtime Donald Trump loyalist Maria Bartiromo appears all in on the president’s tariffs, telling panelists on Mornings With Maria to “buy the dip” just before the markets opened to a quick freefall.
Bartiromo made the remark near the end of her show with her panelists, Strategic Wealth Partners CEO Mark Tepper, Lee Carter of Maslansky + Partners and the Washington Examiner’s Tiana Lowe Doescher on Thursday, not long before Wall Street opened to that sinking feeling on Trump’s highly touted “Liberation Day.”
Read the full exchange here:
MARK TEPPER: Be fearful when others are greedy and greedy when others are fearful. I’ll leave it there.
MARIA BARTIROMO: That means buy the dip. [Laughter] What do you think, Lee?
LEE CARTER: Everybody’s looking for certainty, and we didn’t get it. We know what the tariffs are going to be, but—
BARTIROMO: And then there’s the earnings season around the corner.
Earlier in the show, Tepper kicked off the analysis by noting that the tariffs were “bigger” than he’d expected.
“I obviously expected the reciprocal tariffs, but I was not expecting the 10% baseline or universal tariff. My back of the envelope says $500 billion in tariff revenue,” he began.
He added: “It seems like they’re more semi-permanent or permanent than temporary. I was thinking it would be temporary and get other countries to drop the tariff rate, and then we will drop ours as well. It seems semi-permanent or permanent.”
Bartiromo interjected, adding that the “staggered implementation dates” would allow a week of negotiation before the tariffs come into effect: “I like the idea that the tariffs are staggered. The implementation dates are staggered and the baseline goes into effect obviously today, but the other country-specific tariffs don’t go into effect until April 9 — that tells you the president is willing to negotiate.”
Watch above via Fox Business.
